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Aldo Abram Criticized the Issue of “Chachos” in La Rioja: “It Is Unconstitutional and Generates Tremendous Problems”

Summary by Perfil
For the economist, “the National Government should make a procedure in the Supreme Court to prevent the issuance of this currency.” Read more
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La Rioja resumed in August the issue of the Chachos, a provincial quasi-currency that it had already used in 2024. Ricardo Quintela's government began to deliver an extraordinary aid of 50,000 Chachos per person, with an estimated reach of 80,000 beneficiaries and an injection of close to $4 billion into the local economy.The bonds are issued by the province under the name Debt Cancellation Bonds (Bocade).It has the particularity that they are n…

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For the economist, “the National Government should make a procedure in the Supreme Court to prevent the issuance of this currency.” Read more

·Buenos Aires, Argentina
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Perfil broke the news in Buenos Aires, Argentina on Wednesday, August 19, 2026.
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